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Visit the Standard Textile website. Summarize where the firm has factories and offices. Describe the major product lines for the company. Is Standard Textiles a
Visit the Standard Textile website. Summarize where the firm has factories and offices. Describe the major product lines for the company. Is Standard Textiles a U.S. company? Where are they headquartered? Describe why Standard Textiles expanded to China. What is a quota, and how has the change in quotas affected companies like Standard Textile? Describe some of the challenges Standard Textiles has encountered in China. What is the flow of money (country to country) that you think would take place in this situation, i.e. what kind of currency would be involved? If you were the owner of Standard Textile, would you make an invest like this in China? Support your decision
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